CNBC Daily Open: Stocks are dancing in September

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Year over year, prices rose 2.2%, lower than the Dow Jones survey consensus of 2.3% and July's 2.5%. Core PCE, which excludes food and energy prices, increased 0.1% in August and 2.7% from a year ago. Economists were expecting 0.2% and 2.7% respectively.and make $3.

The three major U.S. indexes have thus far posted three straight positive weeks. With just one trading day left in the month, it's almost certain they'll finish September in the green. The PCE price index, which tracks the amount consumers spend on goods and services, came in cooler than expected.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC Daily Open: Did Apple's shiny new things improve market sentiment?Maybe all it takes are shiny new things to lift our mood and take our minds off recession fears.
Source: NBCNewYork - 🏆 270. / 63 Read more »